Abc foods has a receivables turnover rate of 151 a payables


ABC Foods has a receivables turnover rate of 15.1, a payables turnover rate of 8.7, and an inventory turnover rate of 12.4.

What is the length of the firm's operating cycle? Please show your work.

a) 25.50 days

b) 53.60 days

c) 41.41 days

d) 57.30 days

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Financial Management: Abc foods has a receivables turnover rate of 151 a payables
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